FindBiometrics
Global Identity Management
A study by market research consulting firm Mordor Intelligence — titled “The Consumer Biometrics Market – Growth, Trends, and Forecast (2020-2025)” — predicts that the industry is expected to grow at a compounded annual growth rate (CAGR) of 17.2% during the forecast period. This would mean an increase in shipments from 2.1 billion units in […]
Meticulous Research has released a new report that predicts that the market for speech and voice recognition technology will climb to $26.8 billion between 2019 and 2025. That figure represents a CAGR of 17.2 percent. Meticulous credits the anticipated demand to technology advancements that will make it easier to integrate voice and speech recognition into […]
ABI Research has released a new report that predicts that the border biometrics market will be worth $3.5 billion by 2025. The market encapsulates all of the biometric technologies that have been deployed to screen travelers at international borders in the past few years, including kiosks, e-gates, and security cameras with fingerprint, face, and iris […]
A new study published by research firm MarketsandMarkets reports that the security solutions market is going to be worth $397.6 billion by 2024. This will reflect an anticipated compounded annual growth rate (CAGR) of 9% over the next 5 years, rising from its valuation of $257.9 billion in 2019. The report states that the key […]
“By sticking In-display fingerprint sensors and cameras behind the screen, manufacturers increase the amount of real estate available on its face.” A new report from ABI Research suggests that smartphones manufacturers looking to maximize screen size should be investing in biometric tech rather than flexible or foldable screens. The report arrives as those same manufacturers […]
“…Yoti’s Head of Social Impact, Ken Banks, explained that many charity organizations felt that technological solutions based on smartphones would actually hinder access to services, since many charity recipients will either not have the required hardware or technological literacy to confidently use the new tools.” Yoti has concluded its research on the digital identity needs […]
Americans are ready for airport biometrics, suggests new survey research from Acuant. Conducted by Wakefield Research, an online survey of 1,000 US adults found that 84 percent of respondents believed biometric technology would improve the travel experience at the airport. Fifty-nine percent said they think the technology can improve safety, while 56 percent agreed that […]
Survey data collected by German market research firm GfK suggests that consumers in the UK are warming to the idea of using biometric payment cards. Based on online polls of 821 cardholders in the country conducted in late May and early June, the research found that 54 percent of respondents said they would get a […]
“In Southeast Asia, interview subjects showed an interest in biometric technology for identity verification and preventing fraud, and also pointed out that poor ID management could have serious consequences for individuals’ safety in states where corruption is pronounced.” Yoti is capping off its research project on digital identity in Africa and Southeast Asia with an […]
Goode Intelligence is predicting some serious growth for biometric technology in the banking sector. In a new report entitled “Biometrics for Banking: Market & Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition,” the market research firm predicts that by the end of 2020, 1.9 billion bank customers around the world will be using […]
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